Binance Alpha Traders Vie for 162,000 O Tokens in o1.exchange Competition
Binance Alpha has launched its o1.exchange (O) trading competition on Binance Wallet. The top 2,160 traders who participate by purchasing O tokens will share a total of 162,000 O tokens.
The competition will run in two periods: July 23-30 and July 30-August 6. Traders must use Binance Wallet (Keyless) or Binance Alpha to be eligible for the competition. The ranking metric is Total Effective Trading Volume, which includes a multiplier that decreases over time.
The o1.exchange (O) token has a total supply of 1 billion tokens, with approximately 160 million currently in circulation. The project raised $4.2 million in funding led by Coinbase Ventures and AllianceDAO.